Maharashtra's SLBC will hold special camps on Nov 21 in Mumbai City and Suburban to help citizens verify and claim unclaimed deposits, shares, insurance, and other inactive financial assets.
India's Q2 GDP may exceed 7.5% driven by GST rate cut, festive consumption, and strong rural and services demand, says SBI Research, projecting robust near-term growth.
Maharashtra GST officials have arrested three businessmen in separate fake Input Tax Credit (ITC) scams totaling over Rs 180 crore, including frauds worth Rs 114 crore, Rs 56 crore, and Rs 10 crore.
The Income Tax Department will notify new simplified ITR forms by January 2025 under the Income Tax Act, 2025, set to take effect from April 1, 2026, to make tax compliance easier for taxpayers.
The government expects to achieve FY26 direct tax goals as collections hit Rs 12.92 lakh crore by November 10; refunds likely to be cleared by December.
Income Tax officials raided Hyderabad's Pista House and Shahgouse Hotel, while the ED searched Al-Falah University in Delhi as part of a terror case probe.
CBDT says high-value and red-flagged refund claims are causing delays this year. Refunds down 18% due to stricter scrutiny. Most refunds expected by December. Learn what taxpayers should do next.
Bicholim police have arrested a Navi Mumbai resident for a Rs 75 lakh GST fraud involving fake registration under Green Agro Industries using forged documents.
CBIC launches a new ICEGATE 2.0 online module for MOOWR and MOOSWR permissions under Section 65, streamlining customs applications with digital workflows, user manuals, and improved processing.
The GST rate cut has led to a surge in MSME loan demand, with banks like SBI, IOB, PNB and Indian Bank reporting sharp growth in credit enquiries and portfolio expansion.
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